2024 RWF to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RWF to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RWF to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 16.9284. Conversely, the yearly low was recorded on December 24, dropping to 15.6767.
This high-to-low spread represents a total annual volatility of 1.2517 LAK. From a start-to-finish perspective, comparing the January average rate of 16.2503 to the December average rate of 15.8246, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 16.9284 was down 0.14% compared to the 2023 peak of 16.9520, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RWF to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.4146, compared to 16.3544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0602 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.5220 LAK (High: 16.6351 / Low: 16.1131). On the other end, April was the most stable month, with a tight range of 0.1470 LAK (High: 16.5406 / Low: 16.3935).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2524 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 16.8569) against the same month in 2023 (average: 16.3563), the exchange rate shifted by +0.5006 (+3.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.3426 | 16.0806 | 16.2503 |
| February | 16.4260 | 16.1735 | 16.3427 |
| March | 16.4188 | 16.2022 | 16.3001 |
| April | 16.5406 | 16.3935 | 16.4715 |
| May | 16.5372 | 16.2754 | 16.4555 |
| June | 16.9028 | 16.4854 | 16.6674 |
| July | 16.9284 | 16.7544 | 16.8569 |
| August | 16.8808 | 16.4892 | 16.7100 |
| September | 16.6179 | 16.2908 | 16.4576 |
| October | 16.6351 | 16.1131 | 16.2483 |
| November | 16.1174 | 15.9162 | 16.0288 |
| December | 16.1951 | 15.6767 | 15.8246 |